Manager Comment October 2018 – Vietnam Fund

The AFC Vietnam Fund returned −2.1% in October with a NAV of USD 1,805.80, bringing the return since inception to +80.6%. This represents an annualised return of +12.9% p.a. The Ho Chi Minh City VN Index in USD lost −10.1%, while the Hanoi VH Index lost −9.5% (in USD...

Manager Comment September 2018 – Vietnam Fund

The Vietnam Fund gained +3.0% in September with a NAV of USD 1,845.40, bringing the return since inception to +84.5%. This represents an annualised return of +13.7% p.a. The Ho Chi Minh City VN Index in USD gained +2.7%, while the Hanoi VH Index added +3.0% (in USD...

Manager Comment August 2018 – Vietnam Fund

The Vietnam Fund gained +0.8% in August with a NAV of USD 1,791.39, bringing the return since inception to +79.1%. This represents an annualised return of +13.2% p.a. Due to the heavy weight of banking stocks The Ho Chi Minh City VN Index in USD gained +3.4%, while...

Manager Comment July 2018 – Vietnam Fund

The Vietnam Fund lost −1.3% in July with a NAV of USD 1,777.44, bringing the return since inception to +77.7%. This represents an annualised return of +13.3% p.a. The Ho Chi Minh City VN Index in USD lost −2.0%, while the Hanoi VH Index lost −1.6% (in USD terms). The...

Manager Comment June 2018 – Vietnam Fund

The Vietnam Fund lost −0.1% in June with a NAV of USD 1,800.40, bringing the return since inception to +80.0%. This represents an annualised return of +13.9% p.a. The Ho Chi Minh City VN Index in USD lost −1.6%, while the Hanoi VH Index lost −8.1% (in USD terms). The...

Manager Comment May 2018 – Vietnam Fund

The Vietnam Fund lost −3.2% in May with a NAV of USD 1,802.50, bringing the return since inception to +80.2%. This represents an annualised return of +14.2% p.a. The Ho Chi Minh City VN Index in USD lost −7.7%, while the Hanoi VH Index lost −6.5% (in USD terms). The...
Social media & sharing icons powered by UltimatelySocial